Connected retail market to hit $82.31bln in 2025
The value of the global connected retail market is estimated to reach $82.31 billion by the end of 2025, a…
Comment & Analysis
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Faisal Bank of Egypt’s business volume rises
The business volume of Faisal Islamic Bank of Egypt (FAIT) levelled up 11.2% Year on Year (YoY) to EGP 120.454…
Bank of Cairo announces new expansion step on the continent
Bank of Cairo is planning to expand part of its activities in Africa and the Middle East, according to local…
Dubai-based Oman Insurance gets 'positive' rating from S&P
Dubai-based Oman Insurance (OIC) has gained a "positive" outlook rating from S&P following a positive performance. The rating could…
Sharjah Insurance's shareholders approve 7% dividends for 2020
The ordinary general meeting (OGM) of Sharjah Insurance Co has approved distributing cash dividends, equivalent to 7% of the paid…
Sharjah Islamic Bank records 7% higher profits in Q1-21
Sharjah Islamic Bank (SIB) reported a 6.8% increase in net profits attributable to the shareholders to AED 164.2 million during…
Four reasons why investing is for everyone
The Covid-19 pandemic has seen a massive shift in our outlook towards wealth. While people were affected by jobs losses…
UAE’s strong economy supports banking sector outlook
The UAE has a wealthy economy with strong fiscal and external positions that supports the fundamentals of its baking sector,…
Bank Muscat reports net profit of OMR47.15 million
Bank Muscat, the flagship financial institution in the Sultanate, announced its preliminary unaudited results for the three months ended 31…
Doha Bank hosts meeting for Sri Lankan delegation
Doha Bank recently hosted a meeting with a Sri Lankan delegation which was headed by Sri Lanka’s State Minister of…
Businesses are not expected to return to normal until 2022, new KPMG study finds
About half of chief executives around the world do not expect business to return to normal until “some time” in…
Successfully managing family wealth in the Middle East
During these challenging and uncertain times, there is a greater need for multi-generational family businesses and family offices to provide…